“One of the most startling discoveries I’ve made in my research has been the direct connection between energy efficiency and financial health for low- and middle-income families. A 2013 study from the University of North Carolina at Chapel Hill Center … Continued
“Default rates among loans that used down payment assistance were low compared to other mortgage types, according to a joint report from the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis, Center for Community Capital … Continued
Despite technological advances, buying and financing a home remains a complicated process fraught with unknowns and uncertainties. This is especially true for inexperienced low- and moderate-income (LMI) renters. For example, a recent Fannie Mae ethnographic study of LMI aspiring homebuyers … Continued
Our Director, Roberto Quercia, was recently quoted in “The Never-Ending Foreclosure,” a story by Alana Semuels in The Atlantic. Professor Quercia’s remarks on foreclosure highlight the non-financial impacts of losing a home: One of the reasons that Professor Quercia knows about … Continued
This analysis finds that household unemployment and the local unemployment rate are important predictors of mortgage default.
Researchers find that loan modifications reduce house payment stress for delinquent home loan borrowers.
Researchers find that loan modifications reduce house payment stress for lower-income delinquent mortgage borrowers.
Risk‐based pricing can have destabilizing effects on regional and national housing markets, as well as the lives of individual households.
Down payment requirements directly affect access to homeownership and, therefore, an issue of economic justice. New research suggests higher down payment requirements may be as unnecessary as they are unjust.
Janneke Ratcliffe reflects on comments made at the Bipartisan Housing Council’s 2014 Housing Summit, “Housing America’s Future: New Directions for National Policy.” Ratcliffe’s panel focused on why creditworthy Americans find it so difficult to obtain a mortgage.
